About This Property
Cornerstone Place provides 74 low-income units in Carbondale, IL designed to serve families. The property, which has been in service since 2004, offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom floor plans with 41 studios, 24 one-bedroom units, 8 two-bedroom units, and 1 three-bedroom unit.
Property Details
Fair Market Rent - Jackson County, IL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $632 |
| 1 Bedroom | $714 |
| 2 Bedroom | $932 |
| 3 Bedroom | $1,224 |
| 4 Bedroom | $1,312 |
Income Limits - Jackson County, IL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Carbondale, IL?+
The Fair Market Rent (FMR) for Jackson County, IL is: $632 (Studio), $714 (1BR), $932 (2BR), $1224 (3BR), $1312 (4BR). Actual rent at subsidized properties like Cornerstone Place is typically 30% of household income or less.
What size apartments are available at Cornerstone Place?+
Cornerstone Place offers the following unit types: 41 Studio, 24 One-Bedroom, 8 Two-Bedroom, 1 Three-Bedroom units, for a total of 74 units.
Who is eligible to live at Cornerstone Place?+
Cornerstone Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Carbondale, IL?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $714, 2-bedroom: $932, 3-bedroom: $1224. Actual rent at Cornerstone Place may be lower for income-eligible households.
What are the income limits for affordable housing in Jackson County, IL?+
For a 4-person household in Jackson County, IL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
How do I apply for housing at Cornerstone Place?+
Cornerstone Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Cornerstone Place?+
Cornerstone Place is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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